good points. I think you're right about having the community vote on witnesses, etc. It's a good model as far as witnesses go.
rate-limit transactions
I have no idea what this means.
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good points. I think you're right about having the community vote on witnesses, etc. It's a good model as far as witnesses go.
rate-limit transactions
I have no idea what this means.
It means that user can only make certain amount of transactions per day. How many? It depends how much SP user has. More SP, more transactions allowed. This is because it makes spamming the blockchain expensive. Spammer has to buy SP to really be able to spam.
Another solution is transaction fees, like other cryptocurrencies have.